Quote On Bank Nifty : The bulls are trying to defend the support around the 40,000-39,800 level Says Kunal Shah, LKP Securities
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
Below View on Bank Nifty 20 October 2022 By Kunal Shah, Senior Technical & Derivative Analyst at LKP Securities
"The Bank nifty index formed a Doji candle on the daily chart which indicates indecisiveness in the market. The bulls are trying to defend the support around the 40,000-39,800 level and the bears are selling at higher levels. The index broad range is intact between 39,800-40,600 and a break on either side will lead to trending moves. The bias remains on the buy side as long as the mentioned support of 39800 is held."
Above views are of the author and not of the website kindly read disclaimer
Tag News
We anticipate immense potential benefits from the upcoming Sovereign Gold Bond Tranche in FY...
More News
Morning Market Quote : As 2023 draws to a close, the most significant feature of the year`s ...
